---
title: "But'one (600455.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600455.SH/norm.md"
symbol: "600455.SH"
name: "But'one"
parent: "https://longbridge.com/en/quote/600455.SH.md"
datetime: "2026-05-21T10:16:48.492Z"
locales:
  - [en](https://longbridge.com/en/quote/600455.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600455.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600455.SH/norm.md)
---

# But'one (600455.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.2725 | 0.2500 | 0.2475 | 0.2236 | 0.2537 |
| ROE | 20.41% | 19.05% | 19.15% | 18.14% | 21.78% |
| Revenue | 77.40M | 75.74M | 75.38M | 74.25M | 74.45M |
| Net income | 17.02M | 15.62M | 15.46M | 13.98M | 15.84M |
| Operating income | 25.32M | 22.58M | 23.34M | 21.02M | 23.57M |
| Gross margin | 67.10% | 61.78% | 62.18% | 60.28% | 64.26% |
| Net margin | 21.99% | 20.62% | 20.51% | 18.82% | 21.28% |
| Profit quality | -31.29% | 584.28% | 11.04% | -50.48% | -30.29% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 1.39B | 1.42B | 1.45B | 1.16B | 1.14B |
| Leverage | 2.85 | 3.06 | 3.07 | 2.58 | 2.64 |
| BVPS | 5.48 | 5.21 | 5.29 | 5.05 | 4.82 |
| Turnover | 0.2389 | 0.2283 | 0.2288 | 0.2894 | 0.2831 |
| Cash & STI | 200.29M | 285.31M | 326.02M | 116.52M | 162.09M |
| Inv & Rec | 120659.00 | 125593.00 | 131389.00 | 136126.00 | 115589.00 |
| LT assets | 937.02M | 880.17M | 857.23M | 781.38M | 710.41M |
| Net debt | 11.90M | 210.64M | -182.63M | 295.78M | -89.14M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -80.91M | 3.86M | 211.47M | -41.64M | -77.82M |
| Investing CF | -36.24M | -72.30M | -48.62M | -29.01M | -29.55M |
| Financing CF | 33.80M | 28.44M | 45.46M | 23.40M | 28.69M |
| Free CF | 209.88M | -398.81M | 482.57M | -340.88M | 178.88M |
| OCF coverage | -214.48% | 5.10% | 426.93% | -137.68% | -259.43% |
| Repaid & issued | 36.14M | 34.87M | 46.36M | 24.63M | 29.13M |
| CapEx | -36.24M | -72.32M | -48.63M | -29.02M | -29.55M |